Integrated Filing — IndAS

General information about company
Scrip Code	544243
NSE Symbol	STYLEBAAZA
MSEI Symbol	NOTLISTED
ISIN	INE01FR01028
Name of company	BAAZAR STYLE RETAIL LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	14-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	07-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Value Retail
Start date and time of board meeting	14-May-2025   14:30:00
End date and time of board meeting	14-May-2025   17:55:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2024-02-26
Indicate Company website link for updated RPT policy of the Company	https://stylebaazar.in/policies/
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	Yes
No. of times funds raised during the quarter	1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
Disclosure related for the Defaults on Loans and Debt Securities is not applicable to the Company.

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	3453245000	13435478000
	Other income	17764000	89917000
	Total income	3471009000	13525395000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	3769643000	10302362000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-1459424000	-1390468000
(d)	Employee benefit expense	320682000	1159451000
(e)	Finance costs	216887000	690322000
(f)	Depreciation, depletion and amortisation expense	293799000	998911000
(f)	Other Expenses
1	Other Expenses	423199000	1467405000
	Total other expenses	423199000	1467405000
	Total expenses	3564786000	13227983000
3	Total profit before exceptional items and tax	-93777000	297412000
4	Exceptional items	0	-107560000
5	Total profit before tax	-93777000	189852000
6	Tax expense
7	Current tax	-8202000	91430000
8	Deferred tax	-21611000	-48998000
9	Total tax expenses	-29813000	42432000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	-63964000	147420000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	-63964000	147420000
17	Other comprehensive income net of taxes	4700000	-13057000
18	Total Comprehensive Income for the period	-59264000	134363000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	373087000	373087000
	Face value of equity share capital	5	5
27	Details of debt securities
22	Reserves excluding revaluation reserve		3665347000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-0.86	2.03
	Diluted earnings (loss) per share from continuing operations	-0.86	2.03
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	-0.86	2.03
	Diluted earnings (loss) per share from continuing and discontinued operations	-0.86	2.03
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	10181094000
	Capital work-in-progress	116155000
	Investment property	0
	Goodwill	0
	Other intangible assets	15821000
	Intangible assets under development	28071000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	100000
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	2598000
	Other non-current financial assets	302437000
	Total non-current financial assets	305035000
	Deferred tax assets (net)	212101000
	Other non-current assets	18428000
	Total non-current assets	10876805000
2	Current assets
	Inventories	5213662000
	Current financial asset
	Current investments	0
	Trade receivables, current	0
	Cash and cash equivalents	181408000
	Bank balance other than cash and cash equivalents	39810000
	Loans, current	378000
	Other current financial assets	586782000
	Total current financial assets	808378000
	Current tax assets (net)	0
	Other current assets	643045000
	Total current assets	6665085000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	17541890000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	373087000
	Other equity	3665347000
	Total equity attributable to owners of parent	4038434000
	Non controlling interest
	Total equity	4038434000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	176797000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	7764300000
	Total non-current financial liabilities	7941097000
	Provisions, non-current	48570000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	7989667000
	Current liabilities
	Current financial liabilities
	Borrowings, current	1487810000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	259462000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	2847922000
	Total Trade payable	3107384000
	Other current financial liabilities	864892000
	Total current financial liabilities	5460086000
	Other current liabilities	50258000
	Provisions, current	3445000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	5513789000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	13503456000
	Total equity and liabilites	17541890000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of net defined benefit obligations	6280000	-17449000
	Total Amount of items that will not be reclassified to profit and loss	6280000	-17449000
2	Income tax relating to items that will not be reclassified to profit or loss	1580000	-4392000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	4700000	-13057000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			189852000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			690322000
	Adjustments for decrease (increase) in inventories			-958498000
	Adjustments for decrease (increase) in trade receivables, current			0
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-209948000
	Adjustments for decrease (increase) in other non-current assets			-6524000
	Adjustments for other financial assets, non-current			-189938000
	Adjustments for other financial assets, current			-525737000
	Adjustments for other bank balances			-31236000
	Adjustments for increase (decrease) in trade payables, current			491307000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			21064000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			998911000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-8438000
	Adjustments for provisions, non-current			14414000
	Adjustments for other financial liabilities, current			104349000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			1003000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-63682000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			135642000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			461005000
	Net cash flows from (used in) operations			650857000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			123115000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			527742000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			45677000
	Purchase of property, plant and equipment			1034084000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			11086000
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			28071000
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			750000
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			1003000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-903000
	Net cash flows from (used in) investing activities	-1028214000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			1752363000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			256024000
	Repayments of borrowings			374683000
	Payments of lease liabilities			419372000
	Dividends paid			0
	Interest paid			673100000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			541232000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			40760000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			40760000
	Cash and cash equivalents cash flow statement at beginning of period			140648000
	Cash and cash equivalents cash flow statement at end of period			181408000

Signatory Details
Name of signatory	Abinash Singh
Designation of person	Company Secretary and Compliance Officer
Place	Kolkata
Date	14-May-2025